NOT LISTED FOR SALE

16 Fairview Ave Summit, NJ 07901

Estimated Value: $1,156,000 - $1,522,000

-- Bed
-- Bath
1,536 Sq Ft
$857/Sq Ft Est. Value

About This Home

This home is located at 16 Fairview Ave, Summit, NJ 07901 and is currently estimated at $1,315,895, approximately $856 per square foot. 16 Fairview Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2010
Sold by
Myler Lauren
Bought by
Hong Henry M and Hong Mihui
Current Estimated Value
$1,315,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,852
Outstanding Balance
$438,328
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$877,567

Purchase Details

Closed on
Mar 11, 2008
Sold by
Myler Gerald and Myler Lauren
Bought by
Myler Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2001
Sold by
Newman John Kevin and Newman Catharine
Bought by
Myler Gerald and Myler Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.14%

Purchase Details

Closed on
Jan 23, 1995
Sold by
Tweardy Robert G and Tweardy Elizabeth J
Bought by
Newman John Kevin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hong Henry M $695,000 Chicago Title Insurance Co
Myler Lauren $21,701 None Available
Myler Gerald $450,000 --
Newman John Kevin $268,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Henry M $666,852
Previous Owner Myler Lauren $75,750
Previous Owner Myler Lauren $350,000
Previous Owner Myler Gerald $270,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,993 $344,200 $154,100 $190,100
2024 $14,894 $344,200 $154,100 $190,100
2023 $14,894 $344,200 $154,100 $190,100
2022 $14,742 $344,200 $154,100 $190,100
2021 $11,656 $270,000 $154,100 $115,900
2020 $11,772 $270,000 $154,100 $115,900
2019 $11,786 $270,000 $154,100 $115,900
2018 $11,710 $270,000 $154,100 $115,900
2017 $11,786 $270,000 $154,100 $115,900
2016 $11,613 $270,000 $154,100 $115,900
2015 $11,386 $270,000 $154,100 $115,900
2014 $11,092 $270,000 $154,100 $115,900
Source: Public Records

Map

New Jersey Union County Summit 07901

16 Fairview Ave, Summit, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes